WHY WOULD I NEED A ARIZONA BRIDGE LOAN?
Saturday, January 26
So, you’ve put your house up for sale and you’ve begun to look around for your new, upgraded home. In no time at all you have found your dream home but, there is one problem—you haven’t sold your house.Most people can’t afford to pay two mortgages. This is where a Arizona bridge loan comes into p...
HOW TO DETERMINE IF HARD MONEY WILL WORK FOR YOU
Saturday, January 26
are typically used by investors who need funding for an investment property quickly without the strict requirements of traditional mortgage lender financing. However, can be used efficiently in other scenarios.Essentially, are short-term loans that provide financing to a borrower—these loans a...
HELPING UNDERSTAND COMMERCIAL REAL ESTATE LOANS
Saturday, January 26
are typically used to purchase or renovate an owner-occupied commercial property.Income-producing property is called commercial real estate and is used for business versus residential. Malls, retail shops, hotels and office buildings are some examples of commercial real estate. The commercial re...
ALL ABOUT TEXAS HARD MONEY LENDERS
Friday, January 25
You have probably heard about —but what exactly is hard money lending all about? are private lenders who lend money using assets to back the loan. When a borrower needs funding quickly or when traditional lenders won’t approve a loan, a hard money loan is typically the best alternative. When you ...
UNDERSTANDING HARD MONEY LENDING
Friday, January 25
Even experienced borrowers often have questions about and how it works.Hard money refers to capital available outside of conventional lending institutions such as credit unions and traditional banks. A hard money loan is secured by the borrower’s real estate. Hard Money Loans in Arizona are typi...
CAN YOU GET AN ARIZONA BRIDGE LOAN?
Friday, January 25
What exactly is a ? The definition of a bridge loan is “a sum of money lent to cover an interval between two transactions, typically the buying of one house and the selling of another.”Basically, what this breaks down to is if you don’t have enough income to cover two mortgages at the same time, ...